Insurance Startup Clearcover Raises $200M from Eldridge, Others at $1B Valuation

Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday. In a statement seen by Reuters ahead of the announcement, Chicago-based Clearcover did not comment on its valuation,… Continue reading Insurance Startup Clearcover Raises $200M from Eldridge, Others at $1B Valuation

AI-Powered Auto Insurance Provider Clearcover Raises $50M Series C

Clearcover, a digital car insurance provider, has raised $50 million in a Series C round led by Omers Ventures. The raise comes just under one year after the Chicago-based, three-year-old startup closed a $43 million Series B, and brings its total raised to $104.5 million. Existing backers American Family Ventures, Cox Enterprises and IA Capital… Continue reading AI-Powered Auto Insurance Provider Clearcover Raises $50M Series C